Locati Edge
- Assets
- $581.1k
- Revenue
- $43.2k
- Investments
- $513.0k
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- Data as of
- 12/2022
- EIN
- 84-4061522
Organization Overview
Locati Edge is located in Bozeman, MT. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Locati Edge is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Locati Edge generated $43.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.3%) each year. All expenses for the organization totaled $30.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kari Locati Director | 1 | $0 | |
Jerry Locati President | 1 | $0 | |
Kirsten Smith Secretary | 1 | $0 | |
Nancy Ockford Treasurer | 1 | $0 | |
Kyle Tage Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,639 |
| Interest on Savings | $123 |
| Dividends & Interest | $7,398 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,160 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,301 |
| Total operating and administrative expenses | $5,205 |
| Contributions, gifts, grants paid | $25,140 |
| Total expenses and disbursements | $30,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $68,114 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $581,105 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Locati Edge has awarded $25,140 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AARON DIAZ PURPOSE: TRUCK REBUILD - REQUESTING FUNDS FOR PARTS NEEDED | $5,000 |
ADELAIDE CUMMINS PURPOSE: AERIAL DANCE LESSONS | $800 |
AVERY NEALIS PURPOSE: NORDIC SKIING CLUB | $500 |
BOONE BURDETTE PURPOSE: GUITAR LESSONS AT NORTH VALLEY MUSIC SCHOOL | $900 |
CIARAN CUMMINS PURPOSE: BASKETBALL LESSONS | $140 |
CLIVE YAKOS PURPOSE: EMERGE SCHOOL WITH ART EMPHASIS | $2,965 |